Month: November 2022

Coming up from the Federal Reserve on Wednesday, 30 November 2022: 1350 GMT Federal Reserve Board Governor Michelle Bowman participates in “The Future of Small Banks” discussion before “The Future of Minority Depository Institutions: MDI ConnectTech” event 1735 GMT Federal Reserve Board Governor Lisa Cook speaks on “The Outlook for Monetary Policy and Observations on
Both China’s November manufacturing and non-manufacturing PMIs missed estimates and slumped under the October reading, heading more deeply into contraction. Given widespread COVID outbreaks and associated lockdowns and other restrictions the results are not too much of a shock. China’s National Bureau of Statistics noted slowing on both the demand and production sides. Australian monthly
Bitcoin declined on Monday along with stock indices, testing six-day lows near $16K, following a decline in demand for risky assets due to unrest in China. Near this round level, the first cryptocurrency saw a demand, and in early trading on Tuesday, cryptocurrencies rose more actively than traditional markets, bringing the price of Bitcoin back
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